Practice Management

Sen. Carl Levin, D-Mich., and several other senators have introduced a bill to close offshore tax loopholes and strengthen offshore tax enforcement.

Protected Tomorrows Inc. has introduced a new program to help financial professionals such as CPAs deal with families who have a loved one with special needs such as autism, bipolar disorder or Alzheimer’s disease.

Amazon.com is trying to get a referendum on the California ballot to get the recently enacted online sales tax law reversed.

Washington, D.C.-based CPA firm Martin & Wall has joined with Milwaukee-based Chortek & Gottschalk, becoming a division of C&G.

The Internal Revenue Service plans to send letters to approximately 100,000 tax return preparers who it said Tuesday failed to follow its new registration requirements.

Congressman John Tierney, D-Mass., has introduced a bill that would eliminate about 27 different tax expenditures, including tax breaks for energy companies.

A federal requirement that the tax returns of large corporations be filed and processed electronically has resulted in cost savings to the corporations and the government, according to a new government report.

President Obama challenged Republicans on Monday to offer him their tax reform proposals for resolving the debt ceiling dilemma as he pushed for a deal that the two parties could agree to before the August 2 deadline on raising the debt limit.

Thomson Reuters has released GAAP Reporter on its Checkpoint online tax and accounting research service.

The American Institute of CPAs has written a letter to the Internal Revenue Service offering to help develop the IRS exam for registered tax return preparers by leveraging the AICPA’s own experience with the Uniform CPA Exam.